supporting documents by a professional‚ such as a Certified Public Accountant. According to AlBaraka‚ Islamic bank is an institution that mobilizes financial resources and invests that money in an attempt to achieve pre-determined islamically - acceptable social and financial objectives. Both mobilization and investment of money should be conducted in accordance with the principles of Islamic Sha’riah whereas according to Ustaz Hj Zaharuddin (2007) stated that conventional bank operates based on
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An Introduction to Takaful – An Alternative to Insurance By (Muhammad Ayub)∗ Islamic finance has developed mainly in two directions namely Islamic banking and Islamic insurance (Takaful). While information about Islamic banking is being increasingly disseminated‚ features‚ models and structures of Takaful are little known particularly in Pakistan. Purpose of this brief article is to describe main features and models of Takaful system operating in various parts of the world. All human beings
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The Islamic Golden Age in Spain was a multi-cultural mix of the people of three religions that believed in one God; Muslims‚ Christians‚ and Jews. During the Golden Age; libraries‚ colleges‚ public baths were established and literature‚ poetry‚ and architecture flourished. Muslims and non-Muslims made general influences to this flowering of culture. The Golden Age is described as religious and ethnic tolerance and mixed agreement between Muslims‚ Christians‚ and Jews. Although Christians and Jews
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ISLAMIST IDEOLOGY CURRENT TRENDS IN Edited by Hillel Fradkin Husain Haqqani Eric Brown Volume 3 Center on Islam‚ Democracy‚ and The Future of the Muslim World Copyright © 2006 by Hudson Institute‚ Inc. All rights reserved. Printed in Washington‚ D.C. by Kirby Lithographic Company‚ Inc. About the Hudson Institute Hudson Institute is a non-partisan policy research organization dedicated to innovative research and analysis that promotes global security‚ prosperity‚ and freedom. We
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Flat and Lean Organization * The Holy Prophet (PBUH) used * easily accessible to the Muslim society of the time who would come with a lot of issues and affairs to be resolved by the Prophet (PBUH). * always lead from the front and never shied away from doing his personal chores Participative Style of Management Based on Consultations and Brainstorming * The Prophet (PBUH) used a consultative form of decision making‚ in which he would listen to the ideas of others and only then a decision
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I. Introduction: The development of a modern society depends to a large extent on the nature and standard of higher education. Thus the role of higher education is to prepare competent‚ knowledgeable and far-sighted people for assuming various higher responsibilities. The growing importance of knowledge in the modern world can hardly be overemphasized‚ especially in the era of globalization and in a global environment which is fiercely competitive. Particularly‚ higher education has enormous
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some explanations of what causes anti-US terrorism. I will examine a couple different hypothesis that try to explain the causes of terrorism‚ but my research I plan to argue that anti-US terrorism is rooted in political and social movements by angry Islamic fundamentalists who believe using non-conventional tactics are the most rational way to fight the US and the western powers. Terrorist groups‚ such as Al-Qaeda‚ do not see diplomacy with the US as an option to voice their demands because they see
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rights over its Nuclear programme‚ supporting the rights of Palestinians to return to their homeland and advances in various areas from farming to space technologies‚ all despite some 30 years of sanctions brings the question of background to the Islamic Republic of Iran formation. My analysis address the four principle issues behind the Iranian revolution‚ these being: Political; Cultural and Social‚ Economic and Military. I will use my father‚ an Iranian‚ several books and input
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New Testament | The sacred documentation of the life of Jesus as a prophet and his death which consists of the four gospels‚ The Acts of the Apostles‚ the 21-epistles and the book of Revalations | Gospels | The four books that consist of the teachings and the life of Jesus (Matthew‚ Mark‚ Luke‚ and John) | Acts of the Apostles | A book of the New Testament which talks about the development of the Christian Church‚ the asenction of Christ‚ and Paul’s sojurn at Rome | Epistles of Paul | The
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Islamic and Hindu Kingdoms • In 451 C.E‚ white Huns from central Asia invaded India and disrupted the gupta administration • Turkish people known as the Mughals extended their authority and their empire to much of the subcontinent. The quest for centralized imperial rule • In northern India‚ politics became chaotic and nomadic Turkish speaking peoples from central Asia took advantage of that unsettled state of affairs to cross the Kyler pass and force their way into India • Nomadic people
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